Overview of Abenyuu Kayatsu (アベニュー萱津)
Abenyuu Kayatsu (アベニュー萱津) is a 37-year-old condominium located at Ama Shichuu Kayatsu 23-1 (あま市中萱津23-1), Aichi, Japan. Built in 1989, it comprises 45 units in a Reinforced Concrete (RC) structure. It was constructed by Ooshima Koumu Tokoro (大島工務所).
Pricing & Floor Plans
Based on 26 past listings, prices have ranged from 650〜1,480万円 (approx. $43,333–$98,667 USD at ¥150/$).
Unit sizes range from 76.8–106.9 sqm (827–1151 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥12.7万/sqm (approx. $847/sqm or $79/sqft).
Location & Neighborhood
The property is located at Ama Shichuu Kayatsu 23-1 (あま市中萱津23-1), Aichi, Japan. It is a 22-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
Investment Perspective
Building depreciation: In Japan, buildings depreciate significantly over time. Wood-frame houses depreciate to near-zero value at around 22 years, while RC structures depreciate more slowly but still lose value. At 37 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Key cultural note: Unlike the US where properties typically appreciate over time, Japanese buildings depreciate while the underlying land tends to hold or gain value. This means buyers should evaluate the land-to-building value ratio carefully.
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